Tag: cryptocurrency

Crypto News & Analysis

Coinbase raises US $300 million but will remain a private company. Coinbase is the most popular cryptocurrency exchange in the USA. It may also be one of the top 3 cryptocurrency exchanges in the world. There were reports and rumors that this crypto exchange would become a public entity in the next few weeks. But the President of Coinbase, Asiff Hirji says no, “There’s not going to be an IPO any time soon.”
Coinbase successfully raised $300 million through private Series E funding. Many analysts and journalists speculated that an Initial Public Offering (IPO) would be coming shortly after. According to the Coinbase President, their predictions were way off the mark. Mr. Hirji made his remarks, on the Crypto Trader Show, saying at this point in time, “We (Coinbase) have so much to do,” and other comments regarding how the company needed to grow. He described the most recent funding as a pre-IPO funding. Although his remark did intimate that an IPO is coming. The answer to the question, when, is still unknown.
Mr. Hirji said that of the 3,000+ cryptocurrencies publicly traded 300 of them are potentially investment worthy. Coinbase is active in only seven cryptos. Mr Hirji stated that the revenue stream of the exchange needs to increase. He continued his statement saying Coinbase should be able to facilitate trading in at least 200 or 300 of the most investment worthy cryptos. This is just one of the things on a list of many things to do before Coinbase would consider going public. Mr Hirji felt the accomplishment of the company’s goals could take place within the time frame of one year. This could also be the new time frame for their IPO announcement. As with the progress of many other factors relating to the advancement of the cryptocurrency markets, we will all just have to wait and see.

Forex News & Analysis

Bitcoin continues to hold the line. The crypto currency continues to maintain a value above its lower level of resistance, near US $6,200, throughout this week. The United States Dollar gained value against Bitcoin this week. The USD started the week pairing with Bitcoin at an exchange rate of $6402/ 1 Bitcoin. The pair ended the week exchanging at a rate of $6365 / 1 Bitcoin. The USD recorded a 0.58% increase in value when paired with Bitcoin by the weeks end.
The USD index (.DXY) compares the USD to 6 globally dominant currencies. The USD lost marginal ground when compared to its global counterparts towards the end of the week. The .DXY index recorded a value of 96.58 at the beginning of the week. The Index closed at 96.50 recording a 0.08% loss in value by the week’s end.
The GBP gained ground against the USD from the previous week. The dollar ended the week exchanging with the GBP at $1.2971 gaining 0.01% from the previous trading day. The GBP may climb higher as optimism about a smooth Brexit has been reported by the media. The Mexican Peso(MXN) continues to show strength in the marketplace. The MXN ended the week marginally stronger when compared to the GBP, exchanging with the GBP at 25.9731 Pesos / 1 GBP a 0.01% increase in value from the previous trading day.

Crypto Futures News & Analysis

A landmark ruling by the Chinese court propels Bitcoin closer to the hands of mainstream Chinese citizens. The Shenzhen Court of International Arbitration has ruled in favor of Bitcoin. The court has determined that Bitcoin can be viewed as property. Furthermore it is now officially legal for Bitcoin to be accepted as payment for goods and services by Chinese merchants. This event can be looked upon as a milestone accomplishment for the advancement of Bitcoin and cryptocurrency.
Prior to this court ruling, the Chinese government had effectively banned most Chinese citizens from transactions involving Bitcoin and other cryptocurrencies, within the borders China. The significance of Bitcoin becoming legal within China is huge. China has the world’s largest population of consumers and is the world’s #2 economy. Any portion of the Chinese population added to the pool of investors already involved in Bitcoin, will add more liquidity and market presence to the blossoming crypto market.
The Arbitrators decision centered around these fundamental principles of Bitcoin and other cryptocurrencies.

Bitcoin has intrinsic economic value,

It can be controlled by the owner,

It has the characteristics of a property,

Paying with or holding Bitcoin is not illegal.

Many have speculated concerning the reason the government imposed the ban in the first place. Some say the ban was imposed to prevent Bitcoin from devaluing the Chinese Yuan. Others speculate that it needed to be controlled by the right people before it was given to the masses. Be that as it may, Bitcoin will be able to be used by all Chinese citizens while they are at home in their living rooms, at some point in the near future.
Bitcoin continues to demonstrate stability. Bitcoin has maintained a value above its lower resistance threshold of US $6,200 for another week. Ending the week at $6365 / 1 Bitcoin

Crypto Stocks & Analysis

IBM is in the headlines once again. IBM goes all in at the poker table. Rolling the dice and proposing to purchase Red Hat Inc. for US $24 billion.
Red Hat describe themselves as a:

“Provider of open source software solutions to develop and offer storage technologies, virtualization, cloud, mobile, operating system, management, and middleware to various enterprises worldwide. It offers infrastructure-related solutions, such as Red Hat Enterprise Linux, an operating system platform that runs on hardware for use in hybrid cloud environments; Red Hat Enterprise Virtualization, a software solution that allows customers to utilize and manage a common hardware infrastructure to run multiple operating systems and applications; and Red Hat Satellite, a system management offering that helps to deploy, scale, and manage in hybrid cloud environments. ” Yahoo Finance

Most analysts agree the move leaves IBM in a poor financial situation. IBM will be short on cash and will be wishing on the next shooting star, hoping the CEO made the right decision. Its win or lose for Big Blue, the CEO Ginni Rometty has all the chips on the table. She’s hoping the combination of blockchain patents owned by IBM and their new found presence in cloud computing will ring the bell and answer her prayers with a solid revenue source and an end to the 7 years of negative earnings under her leadership.
A sinister dark cloud hangs over this deal casting shadows of uncertainty. Red Hat’s stock price was last quoted at $172.24, well below the $190 IBM has proposed to pay to own the company. Analysts are skeptical the deal will happen at the inflated price of $190 a share. Moreover whether the deal happens or not IBM is obligated to fork over $1billion to Red Hat.
Ms. Rometty claims the deal will make IBM the number 1 hybrid cloud provider. A hybrid cloud consists of cloud data storage and computing capabilities. Rometty has bet her continuance as IBM’s CEO on the combination of blockchain technology combined with hybrid cloud services. Investors and analysts are doubtful this combination can put IBM back in the black.

This week’s Biggest Winners in Cryptocurrencies

1) +120.69% CloakCoin (CLOAK) Started the week at $2.765 Ended the week at $6.102
2) +114.32% Telcoin (TEL) Started the week at $0.00049953 Ended the week at $0.00107058
3) +44.14% Dentacoin (DCN) Started the week at $0.00021880 Ended the week at $0.00031537
4) +39.73% TokenPay (TPAY) Started the week at $1.178 Ended the week at $1.646
5) +32.26% SirinLabs (SRN) Started the week at $0.0747 Ended the week at $0.0988
6) +31.29% Agoras Token (AGRS) Started the week at $0.441 Ended the week at $0.579
7) +29.59% BOScoin (BOS) Started the week at $0.0507 Ended the week at $0.0657
8) +27.87% SelfKey (KEY) Started the week at $0.00633644 Ended the week at $0.00810235
9) +27.53% Mainframe (MFT) Started the week at $0.00846874 Ended the week at $0.0108
10) +26.97% Republic Protocol (REN) Started the week at $0.0330 Ended the week at $0.0419
11) +21.77% Odem (ODE) Started the week at $0.147 Ended the week at $0.179
12) +19.11% Basic Attention Token (BAT) Started the week at $0.246 Ended the week at $0.293
13) +17.86% Po.et (POE) Started the week at $0.0112 Ended the week at $0.0132
14) +14.73% ChainLink (LINK) Started the week at $0.448 Ended the week at $0.514
15) +12.75% Centrality (CENNZ) Started the week at $0.0408 Ended the week at $0.0460

Crypto Chart of the Week

CloakCoin (CLOAK)
Chart Courtesy of Coinlib
CloakCoin is an open-source blockchain platform that puts their focus on speed and anonymity in cryptocurrency trading. Its PoW (Proof of Work) block reward is currently 496 coins and stops within seven days while its PoS (Proof of Stake) gives ROI of 6% annual interest. The platform promises fast transactions, with a block limit time of 60 seconds. The transactions are also untraceable thanks to the platform’s onion-routing privacy that is set to default. Security is state of the art due to the d-to-end encryption that enable nodes to avoid traffic analysis. The system also uses 25 hops, that utilize symmetric RSA encryption with ECDH key as a back-up.

Upcoming ICOs

2TF (2TF) Sale Starts November 2 Sale Ends November 24 / A mobile global payment platform with decentralized principles where users transact directly through the use of stable price cryptocurrencies and smart contracts
CryptoCasher (CRR) Sale Starts November 2 Sale Ends March 2, 2019 / Allowing buying or selling of cryptos for cash safely and quickly with a 3rd party escrow service
Bitdollar Fund (BTD) Sale Starts November 3 Sale Ends December 29 / The world’s first collectively managed fund
ProxiShares (PRX) Sale Starts November 4 Sale Ends November 20 / An industrial-level asset location, surveillance and monitoring software suite on the Ethereum blockchain
ArtPro (APT) Sale Starts November 5 Sale Ends December 14 / making it easy for anyone to buy and sell art over the web
Aurum (AURUM) Sale Starts November 5 Sale Ends December 31 / An online marketplace facilitating the auction of jewelry and watches with an opportunity of appraisal by the Aurum service centers specialists
Bonafi (BONA) Sale Starts November 5 Sale Ends December 23 / Authenticating the Supply Chain Using Blockchain Technology
Geeba (GBA) Sale Starts November 5, 2018 Sale Ends January 2, 2019 / Developing a decentralized delivery ecosystem that enables businesses to operate deliveries with autonomous vehicle and smart hubs
RainCheck (RAIN) Sale Starts November 5 Sale Ends December 5 / Created to influence and measure the high level of online product discovery/research and to connect those findings with the corresponding in-store sales transaction
TrustaBit (TAB) Sale Starts November 5, 2018 Sale Ends January 5, 2019 / Using blockchain technology with smart contracts to automatically issue flight vouchers to passengers when their flights are delayed
Sentigraph.io (EMOT) Sale Starts November 9 Sale Ends December 10 / An innovative Early Stage Startup with an objective of helping businesses and individuals gain unique insights, and make good decisions based on the feelings of customers or peers in a social network like Twitter

Crypto News & Analysis

Sony has formally announced their plans to develop a wireless crypto wallet. Sony Corp is letting the world know how serious they are about being leaders in the sale of commercial products that will be utilizing blockchain technology. Plans to build the state of the art hardware wallet is where it all begins with Sony. Hardware wallets will be where the wealth of the 21st century will be stored. And Sony wants to have a strong presence near the wealth of all cryptocurrency owners.The hardware wallet that Sony (SNE) plans to produce will be the first of its kind. It will be wireless and portable. Currently all hardware wallets need to be attached to a computer through a USB cable in order to function. Sony’s new contactless crypto wallet will be configured using IC card technology from Sony. Sony has described the technology in a press release this way, “Sony CSL (Computer Science Laboratories) has developed a contactless IC card type hardware wallet which includes mutual authentication/encrypted communication technology by applying Sony’s expertise in contactless IC card technology cultivated over many years. The IC card type hardware wallet is small, portable and useful, unlike typical existing hardware wallets that connect to PCs via USB.”The crypto wallet will be able to hold and function with a variety of cryptocurrencies. The IC technology behind it will enable the wallet to use private keys for a multitude of applications yet to be seen.In Sony’s press release it is described as “an infrastructure technology with multiple possible applications.”Sony has not announced when the wallet will go into production or when it will be available to be purchased. What we do know is that earlier this year, Japanese financial services group, SBI Holdings, purchased a 40 percent stake in the cryptocurrency hardware wallet company CoolBitX based in Taiwan.

Forex News & Analysis

BTC / USDChart Courtesy of Trading ViewBitcoin continues to demonstrate stability. The crypto currency has maintained a value above its lower level of resistance, near US $6,200, throughout the week. The United States Dollar remained stable against Bitcoin as well this week. The USD started the week pairing with Bitcoin at an exchange rate of $6401/ 1 Bitcoin. The pair ended the week exchanging at the same rate of $6401 / 1 Bitcoin. The USD recorded a 0.0% change in value when paired with Bitcoin by the weeks end. The USD index (.DXY) compares the USD to 6 globally dominant currencies. The USD gained ground when compared to its global counterparts towards the end of the week. The .DXY index recorded a value of 96.01 at the beginning of the week. The Index closed at 96.32 recording a 0.323% gain in value by the week’s end. Many analysts believe the gain in value recorded by the USD are a result of the better than expected 3rd quarter Gross Domestic Product value. Amidst new found woes surrounding Brexit, the GBP lost ground against the USD from the previous week. The dollar ended the week exchanging with the GBP at $1.2831 compared to last weeks close of $1.3252 losing 3.28% from the previous week. While the Australian Dollar (AUD) lost a slim advantage over the Japanese Yen by the close of the week. The AUD ended the week marginally weaker when compared to the JPY just one week ago exchanging with the JPY at ¥79.36 / 1 AUD versus ¥80.01 / 1 AUD the prior week a 0.81% decrease in value from the previous week.

Crypto Futures News & Analysis

The predictions of Bitcoin and cryptocurrency gains over the next 5 years continue to pour in. The latest prediction comes from MarketsandMarkets. MarketsandMarkets has forecast a 6.18% annual growth rate for the cryptocurrency market to 2024. The analysts who published the report conclude that the driving forces behind this consistent rate of growth will be:

Growth in venture capital investments,

Increases in distributed ledger technology (DLT) transparency,

Fluctuations in monetary regulations,

And high remittances in developing countries.

The panel of analysts that compiled the report acknowledge the implementation of blockchain technology in the financial industry. They give kudos to the functionality of blockchain technology applied to cross border payments and money transfers. They attribute their forecast of steady growth to innovations such as these. The analysts also give attention to the factors that will hinder the growth of the cryptocurrency market. Factors like:

The slow process of installing defined global regulations,

The lack of technical knowledge within the world’s population to understand cryptocurrency,

Security issues surrounding cryptocurrency exchange hacks,

Scaling issues,

and the lack of accessibility to the crypto market for people apprehensive and unfamiliar with the new technology and its devices.

The Team of analysts report that everyone of the issues they discovered are being dealt with by the crypto community. That was the fact that enabled them to predict continued growth within the crypto market.

Crypto Stocks & Analysis

Cryptocurrency, the blockchain, and stocks, how are these unique relationships evolving? One way to gauge how heavily some companies are involved in blockchain technology, is to find out how many patents they hold that involve the new technology. Envision IP, a law firm that specializes in intellectual property, has released a report disclosing what firms in America are in the group of top ten patent holders involving blockchain technology. It may come as a surprise to some to find out who they are. These firms and their stock value may move in the same direction as the cryptocurrency market, especially because they are both deeply involved in the same technology. The Envision IP Report claims that 1,045 patents involving blockchain technology were filed in the US by 478 owners. The report was released at the beginning of 2018. Most of the owners were entrepreneurial enterprises holding 1 or two patents per entity or individual. But the majority of patents were held by leading companies. Everyday names, with an extraordinary amount of assets and revenue that they manage. Accenture (ACN), Coinbase (a privately held firm) , Dell (DVMT), Fidelity Investments (privately held), Google (GOOGL), Ping An Insurance (PNGAY), Bitmain (IPO on the way), Intel (INTC), Visa (V), Sony (SNE), Tencent (TCEHY), China’s State Grid Corporation (government owned), and Toronto-Dominion Bank (TD) are some of the patent holders ranking in the top 10 according to the number of patents filed. The last reports available claimed they held about 20 or more patents each. Please bear in mind patent information isn’t public until 18 months after the filing in the US. So these ranking can change quickly. IBM (IBM) and MasterCard (MA) have been jockeying for a spot in the top 3 of patents held. It has been reported that IBM currently holds almost 100 blockchain technology patents. It has also been reported that Bank of America (BAC) held the most blockchain patents at one point in the year. And then we have Alibaba that has been reported as holding 10% of all the blockchain technology patents filed globally. These companies are on the 21st Money watch list. Their interaction and integration with blockchain technology and cryptocurrencies are being forged every moment of everyday in our 21st century. The 21st Money Team will keep you informed.

This week’s Biggest Winners in Cryptocurrencies

1) +360.19% PumaPay (PMA) Started the week at $0.00032011 Ended the week at $0.00147311

2) +55.75% Nexo (NEXO) Started the week at $0.113 Ended the week at $0.176

3) +51.95% Ravencoin (RVN) Started the week at $0.0308 Ended the week at $0.0468

4) +54.07% MobileGo (MGO) Started the week at $0.479 Ended the week at $0.738

5) +46.75% Revain (R) Started the week at $0.154 Ended the week at $0.226

6) +44.55% Veritaseum (VERI) Started the week at $28.44 Ended the week at $41.11

7) +49.56% GoCoin (GO) Started the week at $0.0458 Ended the week at $0.0685

Crypto Chart of the Week

PumaPay (PMA) ranks 175th on the list of cryptos ordered according to their market capitalization. PumaPay’s current market cap is $23,080,000. PumaPay describe themselves as developing an advanced billing infrastructure for merchants, allowing them to design flexible payment scenarios over the blockchain.$25,0816 worth of PMA changed hands October 26th at an average price of $0.0015.

Upcoming ICOs

HELIXHILLS (HILL) Sale Starts October 27, 2018 Sale Ends August 21, 2019 / Using blockchain infrastructure to help consumers, service providers, and professional consultants automate the algorithms for selecting business partners and concluding deals, to record interaction time and bill the relevant parties using corresponding tariffs, and provide instant loans to reliable users

TimberCoin (TMB) Sale Starts October 29 Sale Ends November 29 / A decentralized online platform based on the blockchain Ethereum that shall use the smart-contract system, combining advanced technologies in the area of finance and industrial production of one of the most demanded in the world market high-strength multilayer square-sawn lumber that is the veneer laminated, reliable, cost-effective, easy-to-use material for the construction of lightweight, environmentally friendly, heat-saving houses, agricultural, sports and other facilities

GGRocket (GGR) Sale Starts October 30 Sale Ends November 14 / A mechanism that utilizes big data and machine learning technology in order to create specified and personalized offers for each customer based on their preferences

PlayTrip (PLTC) Sale Starts October 30 Sale Ends November 15 / A mobile application that allows you to experience a tourist itinerary through the narration of a story

TITA Project (TTN) Sale Starts October 30 Sale Ends November 30 / Building a decentralized ecosystem powered by Blockchain technology for the buying and selling of locally/globally traded commodities and finished goods thereby setting up pedestals that enhance the financial systems of the communities where these commodities are produced

Volans (VOL) Sale Starts October 30 Sale Ends November 30 / A cryptocurrency payment system which is based on blockchain technology

Adult X Token (ADUX) Sale Starts October 31 Sale Ends November 30 / Offering an absolute, never seen before, “all – in – one solution” for the adult entertainment industry

Neogame (TKT) Sale Starts October 31 Sale Ends November 30 / Designed to disrupt the for-profit model of gambling

Nexxo (NEXXO) Sale Starts October 31 Sale Ends December 31 / The world’s first global blockchain-powered small business banking platform

Aeternum ICO (ALF) Sale Starts November 1 Sale Ends May 1, 2019 / This platform will be open to anyone owning Aeternum Token not just a select group of investors and no contribution will be too small to reap the return from deep science project realization

Alive Casino (AL) Sale Starts November 1 Sale Ends December 1 / Operating in such a way that allows online casinos to occupy a greater share of the gambling market

ALLCARE (ALCR) Sale Starts November 1, 2018 Sale Ends January 31, 2019 / Making company benefits like health care, insurance, training, and other perks accessible to all workers including contractual, freelancers and self-employed individuals

ASTRA (STAR) Sale Starts November 1 Sale Ends November 30 / Building a network of communities and computers (Astra Network) for discovery of scientific and social truths

AutoBay (ABX) Sale Starts November 1 Sale Ends December 15 / The first ecommerce platform based on the Ethereum blockchain that allows users to sell, buy and auction vehicles using cryptocurrencies as payment method

ClearAid (CAID) Sale Starts November 1, 2018 Sale Ends May 1, 2019 / A digital platform that aims to connect the non-profit community through an easy-to-use interface which allows full transparency and traceability of donations made on the blockchain

ComBox (CBP) Sale Starts November 1 Sale Ends November 30 / An international company, a developer and manufacturer of immersion cooling systems for industrial mining and for solving science-driven tasks

Cryptocoin Insurance (CCIN) Sale Starts November 1 Sale Ends December 27 / The first option exchange with the possibility of insuring deposits against falling prices

Cryptonity (XNY) Sale Starts November 1 Sale Ends December 31 / The combination of two words: Crypto and Community. Simple but strong and meaningful, the goal is to be an exchange that is respected by the Cryptocurrency Community

Filotech (FILO) Sale Starts November 1 Sale Ends December 31 / Featuring an open ecosystem with forthcoming APIs to enable service providers and entrepreneurs to easily integrate the services offered as part of Filo network

Gastro Advisor (FORK) Sale Starts November 1 Sale Ends December 16 / A platform for research, recommendation and booking of restaurants and clubs with an ERC20 token-based economy that connects users and restaurateurs with a p2p reward and benefit

Gemstra (GMS) Sale Starts November 1 Sale Ends November 30 / A blockchain-integrated ecosystem for the social selling economy

getFIFO (FFUEL) Sale Starts November 1 Sale Ends February 1, 2019 / A Live and Trading Fiat to Crypto Exchange based in the UK

GGPRO (GGP) Sale Starts November 1 Sale Ends January 1, 2019 / A blockchain platform that creates new opportunities for interaction between the gaming community, sponsors and game developers

Gric (GC) Sale Starts November 1 Sale Ends November 30 / Aiming to create a brand that will be a benchmark in the agricultural industry, removing imitation and food counterfeiting, bringing about transparency with the aid of blockchain, creating a vehicle for people to invest on real life agriculture and earn rewards on their investments

IAME Identity (IAM) Sale Starts November 1 Sale Ends November 5 / Building the first truly decentralised cross-blockchain identification system based on its proprietary sharding technology and consensus identification

Jibbit (JIB) Sale Starts November 1 Sale Ends December 15 / Creating an ecosystem network to connect the worldwide cannabis community with the crypto world (200m +)

karbon14 (K14) Sale Starts November 1 Sale Ends May 1, 2019 / Maintaining information that will be used to create the Proof of Life certificates, generating a unique hash that will be saved in a Smart Contract

Laccoin (LAC) Sale Starts November 1 Sale Ends November 30 / An Ethereum backed cryptocurrency that enables the banked, unbanked and underbanked individuals who are in Latin America and Caribbean region to send money, invest and send micro-loans to each other with their mobile wallet or web app ***** No Website ****

Litenett (LNC) Sale Starts November 1 Sale Ends November 5 / A social network and a large media resource with its own payment system

MinedBlock (MBTX) Sale Starts November 1 Sale Ends April 30, 2019 / Offering the resources from a large scale mining operation, in order to mine multiple coins without the need to buy, configure and maintain expensive mining equipment

Primex (PMX) Sale Starts November 1 Sale Ends December 23 / An advanced user-friendly platform, providing users anywhere in the world with unified electronic wallets for all of their cryptocurrency and fiat savings

SocialRemit (SRT) Sale Starts November 1, 2018 Sale Ends April 1, 2019 / A new platform designed to provide emerging projects with financial and technological tools based on blockchain and impact society in a positive way through a collaborative economy that aims to build decentralized autonomous platforms of high efficiency

Stacktical (DSLA) Sale Starts November 1 Sale Ends December 31 / A unique way to turn the performance failures of an online service into surprisingly gratifying experiences for its stakeholders

W12 (W12) Sale Starts November 1 Sale Ends December 12 / A tenfold improvement over existing centralized analogues, offering the market a transactional model with a commission of just 0.5% (instead of 4-20%) which can be integrated with existing platforms and enterprises on each available market

2TF (2TF) Sale Starts November 2 Sale Ends November 24 / A mobile global payment platform with decentralized principles where users transact directly through the use of stable price cryptocurrencies and smart contracts

CryptoCasher (CRR) Sale Starts November 2 Sale Ends March 2, 2019 / Allowing buying or selling of cryptos for cash safely and quickly with a 3rd party escrow service

Crypto News & Analysis

International Business Machines (IBM) has scheduled a demonstration of their own version of a blockchain based, global transfer, rapid payment platform. They have named it ‘The Blockchain World Wire'(BWW). Unlike Ripple’s xRapid platform, IBM’s system can handle cross border transactions with any cryptocurrency as a medium of exchange. Whereas it has been reported that the xRapid system is only able to handle cross-border payments using the XRP crypto.
Capitalism doesn’t work without competition. IBM’s BWW system will ensure that the price for the service remains competitive. IBM’s presence will also cause the cross-border payment and transfer systems to improve their technology. The competition is extremely healthy for the evolution of both platforms.
IBM plans to demonstrate the BWW platform during the Sibos 2018 convention. The convention is being held in Sydney, Australia from October 22 – 25th. IBM holds more patents involving blockchain technology than any other company in America. They currently hold 89 blockchain patents second to Alibaba which holds 90 patents. They also have managed to forge several lucrative relationships with leading food companies and retailers. Some of the companies on the list include, Nestlé, Tyson Foods, Golden State Foods, Wal-Mart Stores Inc., McCormick and Co., and Berkshire Hathaway’s, McLane Co..
IBM’s leadership role in blockchain solutions is clearly demonstrated. They proudly boast that their clientele consists of 97% of the world’s largest banks. They push their chest out farther and claim their mainframe processes 90% of all major credit card transactions. They then put their nose in the air when they claim they run 60% of all the world’s transactional systems. The addition of the BWW system fits right into this configuration.
The Payment system will be powered by the Stellar Lumens (XLM) platform. The XLM cryptocurrency has gained nearly 9% in value over the last 7 days. The last sale at the time of this writing took place at $0.236 per crypto coin.

Forex News & Analysis

The United States Dollar lost ground against Bitcoin this week. The USD started the week pairing with Bitcoin at an exchange rate of $6135/ 1 Bitcoin. The pair ended the week exchanging at a rate of $6396 / 1 Bitcoin. The USD lost a 4.25 % advantage over Bitcoin by the end of the week. Bitcoin continued to demonstrate stability this week. Bitcoin continues to hold steady maintaining a level above its lower resistance level of $6200.
The USD index (.DXY) compares the USD to 6 globally dominant currencies. The USD gained ground when compared to its global counterparts towards the end of the week. The .DXY index recorded a value of 95.06 at the beginning of the week. The Index closed at 95.64 recording a 0.579% gain in value by the end of the week. The dollar lost some momentum on the last trading day of the week. Many analysts believe the loss in momentum is due to the European Euro gaining value. The Euro’s gains may be a result of eased tensions of economic conflict between Italy and the European Union. This is not the first time economic woes have entered the relationship. Fears revolved around the idea that the Italian economy, the 3rd largest within the Union, is to big to fail. And a major bailout may have to be initiated. The GBP lost marginal value against the USD. After the news that Brexit was 90% done. The GPB ended the week Exchanging at $1.3069 with the USD, losing 0.01% from the previous trading day. While the Australian Dollar (AUD) lost marginal value compared with the Japanese Yen by the close of the week. The AUD ended the week weaker compared to the JPY exchanging with the JPY at ¥80.12 / 1 AUD a 0.01% decrease in value from the previous trading day.

Crypto Futures News & Analysis

The Securities and Exchange Commission (SEC) has launched a fintech hub. The purpose of this portal is to give SEC the ability to engage with companies involved with blockchain technology, artificial intelligence, and other digital investment instruments. The Finhub is the name the SEC has given it’s new division. The Finhub’s fearless leader will be Valerie A. Szczepanik, senior advisor for digital assets and innovations. She is also an associate director in the SEC’s Division of Corporate Finance. She will be assisted by representatives from other divisions and offices of the SEC who have expertise and experience in fintech.
The 21st Money Team has long held the position that the SEC was dragging its feet in regulating cryptos. The reason for the snail’s pace was because it needed to create the infrastructure to handle digital investment instruments. This was a necessary step towards moving the crypto market forward, and it has finally come to the United States. The Finhub Portal will enable users to easily engage with the SEC. Applicants are now able to easily ask specific questions of the agency. The Finhub portal also allows users to request and schedule meetings with the relevant SEC staff member.
It’s important to remember, that it was because of the SEC’s lack of resources, manpower, and oversight that provoked and enabled the 2008 financial crisis. You can be assured that everyone that sits behind a desk in that agency is not going to be a part of another financial disaster. The wait has been annoying for potential investors in crypto products. It’s unlike the US to lag behind in new technology and investment opportunities. But this time around the SEC is going to take its time and make sure they get it right.
The 21st Money team is confident the SEC will use the next few months to get the bugs out of the Finhub portal. Hopefully crypto investors can look forward to 2019 and the new investing opportunities it will bring. The regulatory body for cryptocurrencies and other digital investment instruments is in place in the US. 5G internet speeds have become available. Digitized data has been created with enormous monetary value. There are exciting times ahead for cryptos.

Crypto Stocks & Analysis

The crypto merchant bank Galaxy Digital (GLXY) began trading on the Toronto Venture Exchange (TSXV) August 1. Galaxy Digital is another first of its kind institution born from blockchain technology. One of the things that make this stock interesting are the people at the helm of the ship. Mike Novogratz and former Goldman Sachs Executive Director Richard Kim as Chief Operating Officer.
(GLXY.V) TSXV Currency in CAD
Chart Courtesy of Yahoo Finance
The stock had a rocky start on its debut day to the public, opening at CAD $2.75. This value is 45% lower than the IPO price of $5. The triumph of this new and innovative company being listed together with their new approach to banking may be what catapults this stock to a place where investors rejoice. Putting the early jitters aside the stock has tremendous potential according to the captain and his chief. Novogratz recently commented that he believes that the cryptocurrency markets could soon be in recovery. “………… Part of this is the anticipation of an ETF that will hopefully get approved.”

This week’s Biggest Winners in Cryptocurrencies

1) +48.95% Ravencoin (RVN) Started the week at $0.0190 Ended the week at $0.0283
2) +48.90% Request Network (REQ) Started the week at $0.0454 Ended the week at $0.0676
3) +47.16% Veritaseum (VERI) Started the week at $17.24 Ended the week at $25.37
4) +44.31% Salt Lending (SALT) Started the week at $0.562 Ended the Week at $0.811
5) +38.99% DMarket (DMT) Started the week at $0.318 Ended the week at $0.442
6) +36.81% GoCoin (GO) Started the week at $0.0326 Ended the week at $0.0446
7) +36.31% POA Network (POA) Started the week at $0.0785 Ended the week at $0.107
8) +35.80% Basic Attention Token (BAT) Started the week at $0.176 Ended the week at $0.239
9) +27.52% EthLend (LEND) Started the week at $0.0149 Ended the week at $0.0190
10) +27.28% Aeternity (AE) Started the week at $1.107 Ended the week at $1.409
11) +26.77% Cindicator (CND) Started the week at $0.0198 Ended the week at $0.0251
12) +26.32% Ambrosus (AMB) Started the week at $0.152 Ended the week at $0.192
13) +25.44% Quantstamp (QSP) Started the week at $0.0338 Ended the week at $0.0424
14) +24.55% Ethos (ETHOS) Started the week at $0.330 Ended the week at $0.411
15) +18.99% Bitcoin Interest (BCI) Started the week at $1.00 Ended the week at $1.190

Crypto Chart of the Week

Ravencoin (RVN)
Chart Courtesy of CoinlibRavencoin (RVN) ranks 93rd on the list of cryptos ordered according to their market capitalization. Ravencoin’s current market cap is $62,610,000. Ravencoin describe themselves as a use case specific blockchain designed to carry statements of truth about who owns what asset. “Ravencoin aims to implement a blockchain which is optimized specifically for the use case of transferring assets such as tokens from one holder to another” – Medium
$3,160,000 worth of Raven changed hands October 19th at an average price of $0.0307.

Upcoming ICOs

Kuende (KUE) Sale Starts October 19 Sale Ends November 2 / The social network that rewards real life interaction and enhances your wellbeing
beepnow (BPN) Sale Starts October 20 Sale Ends December 29 / A skill-sharing platform that connects “job seeker” and “job offerer” together, and allows you to execute everything, from offering a job to payment, from your smartphone
Blockpit (TAX) Sale Starts October 20 Sale Ends November 20 / A Tax Reporting and Portfolio Monitor
Vanywhere (VANY) Sale Starts October 20 Sale Ends November 10 / A live skill-sharing platform that instantly connects people seeking and offering skills, so they can get personalized results tailored just to them
Dein Anteil (DAT) Sale Starts October 21 Sale Ends January 20, 2019 / The first ecosystem of tokenized real estate and rent
Exosis (EXO) Sale Starts October 21 Sale Ends November 19 / A Masternode coin with Timetravel 10 Algo
Fiii (Fiii) Sale Starts October 21 Sale Ends December 31 / The Only mobile instant cryptocurrency payment terminal in the world to be compatible with up to 1500 cryptocurrencies
Aircraft (AIRT) Sale Starts October 22 Sale Ends December 1 / Aiming to make the use of the cryptocurrency in the tourism field affordable, as well as providing a higher level of security and quality of services in travel
BR11 (BR11) Sale Starts October 22 Sale Ends November 21 / A Security Token legally backed by equity in 11 high-growth revenue generating startups
Carmel (CARMEL) Sale Starts October 22 Sale Ends December 31 / Learn How To Build A Better Future For All Of Us
Crypto Circle X (CCX) Sale Starts October 22 Sale Ends November 26 / Powered by a superior technological algorithm that is capable of high performance trading with over 10 million transactions per second, A.I. bot, auto-trading, professional charts with technical analysis, trading alerts, and much more, in a user friendly and responsive interface or in our specially designed mobile app
EZ Exchange (EZX) Sale Starts October 22 Sale Ends December 17 / Puting traders first, ensuring that users never deal with substandard security or a poor user experience when trading cryptocurrency
Spotcoin (SPOT) Sale Starts October 22 Sale Ends October 27 / Developing a complete digital asset management toolkit
Coingrid (CGT) Sale Starts October 23 Sale Ends December 23 / Aiming to make investing in cryptocurrency as easy as sending an email
RealtyReturns (RRT) Sale Starts October 23 Sale Ends November 23 / A decentralized compliance protocol creating an industry standard for how asset-backed tokens are issued and traded on the blockchain
Coingrid (CGT) Sale Starts October 23 Sale Ends December 23 / Aiming to make investing in cryptocurrency as easy as sending an email
ASSPACE (ASP) Sale Starts October 25, 2018 Sale Ends January 1, 2019 / Intended to be the one and only cryptocurrency for driving processing and stimulating user activities in a private decentralized social network with 18+ content
EveryCoin (EYC) Sale Starts October 25 Sale Ends December 25 / A new financial platform that combines stable coin (TabiPay) with fluid value coin (EveryCoin) to solve the problems of blockchain speed and high variability of cryptocurrency
GEMERA (GEMA) Sale Starts October 25 Sale Ends December 12 / A crypto-token backed by Colombian emeralds which provide a blockchain based platform where the tokens can be redeemed for physical emeralds
Skillchain (SKI) Sale Starts October 25 Sale Ends November 24 / Certified Skills on Blockchain
Vena Network (VENA) Sale Starts October 25 Sale Ends November 5 / An open protocol for tokenized asset financing and exchange, in which everyone can process P2P cryptocurrency collateral lending and OTC trading anytime and anywhere, enabling free exchange between cryptocurrency and fiat currency
XERA (XERA) Sale Starts October 25 Sale Ends December 23 / Transforming the way cryptocurrencies are traded, offering traders and investors a seamlessly integrated solution for their cryptocurrency investing

Crypto News & Analysis

An Initial Coin Offering (ICO) that is compliant to the standards of the Securities and Exchange Commission is a newsworthy item. The funds being raised through ICOs around the world have been significant. The first 6 months of 2018 reigned in nearly US $14 billion dollars in funding through ICOs, almost double the total amount raised in all of 2017.
BlockSafe Technologies has announced the launching of their SEC approved Security Token Offering (STO). BlockSafe has been in the business of providing cyber security for 17 years. They are headquartered in Edison, New Jersey. BlockSafe is committed to eradicating cyber theft. They have leading edge technology to prevent crypto wallets from being hacked. BlockSafe is developing a solution to provide cyber security to cryptocurrency exchanges as well as newly created blockchains.
BlockSafe has made available to the public their latest version of anti-malware software for mobile and desktop functionality. They have aptly named it the CryptoDefender. Its primary function is to prevent crypto wallet theft. Their ExchangeDefender is targeted to defend the inner workings of cryptocurrency exchanges. The BlockchainDefender will provide a solution to protect permissioned blockchains by,
“Enabling a company to add Authentication, Transaction Verification, Content Filtering, DDoS Mitigation, Load Balancing and a Secure Firewall. There is no other product on the marketplace that offers this level of security for blockchains,” says George Waller, CEO and Co-Founder of BlockSafe. The ExchangeDefender and BlockchainDefender are currently in beta testing.
BlockSafe claims that more than $350 million have been stolen from crypto wallets and those crimes go unreported. The victims of those crimes feel they have no legal recourse to reacquire their missing assets. BlockSafe’s Chief Technology Officer has stated that $9 million is stolen every day from unsuspecting individual’s crypto wallets.
“And the fear that this lack of security fosters is the single largest obstacle to mass consumer adoption of cryptocurrencies and the technology behind them.”
The exact dates of the presale and the complete STO will be announced soon. BlockSafe intends to raise $27million through their ERC-20 STO. They plan to use the proceeds from the sale to further the development of their cyber security technology.
BlockSafe’s parent Company Strike force, listed on the NASDAQ (SFOR), is a well known facilitator of cyber security solutions for corporations, government agencies, and consumers.
Forex News & Analysis
The USD gained ground against the mighty Bitcoin this week. The USD started the week pairing with Bitcoin at an exchange rate of $6706 / 1 Bitcoin. The pair ended the week exchanging at a rate of $6615 / 1 Bitcoin. The dollar gained a 1.38 % advantage over Bitcoin by the end of the week.
BTC/USD Chart Courtesy of Tradingview

The world is waiting for legislation to be in place to accelerate the process of cryptocurrency adoption. Representatives from the U.S. Chamber of Commerce, NASDAQ, Fidelity, and Andreessen Horowitz gathered together in a room at the Library of Congress to discuss how they can help lawmakers legislate the long awaited regulations for cryptocurrencies. The meeting promoted a healthy discussion between lawmakers and leaders in the financial industry. Financial industry leaders warned lawmakers their delay in regulating cryptocurrencies could drive blockchain innovation away from the United States. Although the discussion and its outcome were not enough to help the price of Bitcoin this week.
The USD index (.DXY) compares the USD to 6 globally dominant currencies. The USD lost ground when compared to its global counterparts towards the end of the week. The .DXY index recorded a value of 94.10 at the beginning of the week. The Index closed at 95.21 recording a 1.18% gain in value by the week’s end. Many analysts believe the gains recorded by the USD are a direct result of the Federal Reserve Bank raising interest rates on Wednesday. The Bank has also indicated that they will raise rates at their next meeting in December and 3 more times in 2019. The Mexican Peso continues to hold an advantage over the USD. Starting the week at 19.02504 / 1 USD. The MXN closed the week at 18.814 up 1.122%. While the Australian Dollar maintained a slim disadvantage over the dollar by the close of the week. The AUD ended the week marginally weaker compared to the USD, pairing with the USD at 0.72527 AUD / 1 USD at the beginning of the week and closing the week recording an exchange rate of 0.7214 a 0.534% decrease in value.

Crypto Futures News & Analysis

As we see the world’s number 1 economy taking steps towards creating legislation for digital assets. Be assured that the adoption and integration of cryptocurrencies and blockchain technology, in our daily lives, are increasing with every step. Legislation for digital assets will precede widespread adoption. It’s unusual that the US financial system is taking their time to implement legislation for a highly lucrative financial product. The 21st Money Team is of the opinion that the Securities and Exchange Commission (SEC) will never forget the part their agency played in the 2008 financial crisis. It was a failure on the American side of the Atlantic that had caused the house of cards to fall. Therefore we can expect the United States’ SEC to lag behind other nations on the approval of certain Crypto-products until they have the manpower and resources to properly oversee them.
Tom Emmer, Co-Chairman of the Congressional Blockchain Caucus of the United States, is doing his part to help the SEC move forward with cryptocurrency adoption. He has proposed three legislative bills to his lawmaking branch of the American government. The “Safe Harbor for Taxpayers with Forked Assets Act,” the “Resolution Supporting Digital Currencies and Blockchain Technology,” and the “Blockchain Regulatory Act.”
The Safe Harbor for Taxpayers with Forked Assets Act, will be a provision in US law that confirms cryptomining entities do not have to register any of their hardware or software as money transmitters. The Resolution Supporting Digital Currencies and Blockchain Technology, simply expresses legal support of Cryptocurrency. It has been reported that the Congressman has the mindset, blockchain technology cannot be stopped because of a bureaucratic process. Blockchain technology should be able to develop with legal tolerance from the government. That is the stance of this proposed legislation. The Blockchain Regulatory Act is designed to give taxpayers relief from unclear tax guidelines from the Internal Revenue Service. The Act will give clear instructions on how to report income gained through cryptocurrency transactions. Its intent is to remove the fear taxpayers are under from being unfairly fined by the Internal Revenue Service, the national taxing authority. The law will also give American taxpayers protection from being overtaxed by the IRS regarding gains made through cryptocurrency transactions.
These proposals if approved and passed on to the American Senate will definitely pave the way for more crypto adoption by mainstream America. Another step has been taken. The 21st Money Team will keep you informed regarding the regulatory environment surrounding cryptos.

Crypto Stocks & Analysis

Fintech and Cryptos are forging a unique relationship. When advances are made in Fintech it affects cryptos and vica versa. Our new age of economics is truly global in nature. Therefore it is necessary to look beyond your backyard for stocks related to Fintech and Cryptos. Technology is not isolated to one part of the world. Technological advancements can come from anywhere in a globally oriented trading culture.
The 21st Money team’s search for investment opportunities has taken us way down under. Afterpay Touchgroup Ltd. (APT.AX) listed on the Australian Stock Exchange may very well be the jewel we all have been looking for. Afterpay Touch Group Limited is an Australian based technology company. The company is focused on providing technology that facilitates retail payments and commerce between retail merchants and end customers, offering a buy now receive now, pay later service.
APT’s stock price has gained more than 180% in the last 12 months. APT started the year trading at AUD $6.26. The stock is trading at AUD $17.80, at the time of this writing.
Recently, APT has made some strategic alliances that may have helped boost the stock price. APT has recognized growth opportunities in the beauty, entertainment, travel, and health markets. They have made partnerships to pursue these growth opportunities with Ardent Leisure Group (AAD.AX), Qantas Airways Ltd. (QAN.AX), and Smiles Inclusive Ltd. (SIL.AX)

This week’s Biggest Winners in Cryptocurrencies

1) +200.88% Electroneum (ETN) Started the week at $0.00771060 Ended the week at $0.0232
2) +84.35% Zipper (ZIP) Started the week at $0.00105083 Ended the week at $0.00193723
3) +63.97% Enjin Coin (ENJ) Started the week at $0.0433 Ended the week at $0.0710
4) +40.01% Odyssey (OCN) Started the week at $0.00545349 Ended the week at $0. 00763554
5) +38.16% Telcoin (TEL) Started the week at $0.00080104 Ended the week at $0.00110671
6) +36.45% Gas (GAS) Started the week at $5.35 Ended the week at $7.30
7) +32.04% Getmoder (GTMR) Started the week at $0.181 Ended the week at $0.239
8) +30.81% SmartCash (SMART) Started the week at $0.0211 Ended the week at $0.0276
9) +24.82% NavCoin (NAV) Started the week at $0.0274 Ended the week at $0.0342
10) +23.93% GXShares (GXS) Started the week at $1.17 Ended the week at $1.45
11) +22.89% SONM (SNM) Started the week at $0.0533 Ended the week at $0.0655
12) +18.11% QuarkChain (QKC) Started the week at $0.0392 Ended the week at $0.0463
13) +16.69% Bitcoin Gold (BTG) Started the week at $22.41 Ended the week at $26.15
14) +16.67% Dreamscape Token (DSC) Started the week at $1.20 Ended the week at $1.40
15) +15.94% ByteCoin (BCN) Started the week at $0.00200755 Ended the week at $0.00232751

Crypto Chart of the Week

Electroneum (ETN) Chart courtesy of CoinValuator
Electroneum (ETN) ranks 42nd on the list of cryptos ordered according to their market capitalization. ETN’s current market cap is $192,690,000. Electroneum has coined the phrase ‘enablement currency’ as it is going to enable a new 3 trillion dollar market (Price Waterhouse Coopers predicts this market to be as large as USD 3 trillion in their 2017 Global Fintech Report) by allowing over 350m smartphone users in the developing world to enter the digital market for the first time. $5,702,829 worth of ETN changed hands September 28 at an average price of $0.02

Crypto News & Analysis

The government of Switzerland has announced that it plans to tokenize their national currency, the Swiss Franc. A cryptocurrency that is backed by a fiat currency is referred to as a stablecoin. The perception is that a tokenized fiat currency is less volatile in price swings than its purely digital counterpart. The stablecoin proposed by Switzerland will not be the first of its kind. There is a stablecoin backed by the United State Dollar, the Tether , the United States Dollar Token (USDT). The Russian government has proposed the creation of a stablecoin backed by the Russian Ruble, the Crypto Ruble. And the government of Venezuela has also proposed the creation of a stablecoin backed by their reserves of oil, the Petro.
The Venezuelan stablecoin and the Russian stablecoin have more of a presence in the news media then on the cryptocurrency exchanges. Despite the economic woes of the Venezuelan economy the Petro has not lived up to its hype. It has been reported by several major news sources that cryptocurrencies like Bitcoin and Dash are where the people of Venezuela have flocked to, in order to preserve what’s left of their devalued savings. The Venezuelan Bolivar was devalued by 95% in an effort to counteract hyperinflation. The Russian Crypto Ruble proposal has stalled in the legislative process.
Switzerland may not be the first nation to attempt to issue a digital token backed by a fiat currency, but it may very well be the first to successfully create one. A stablecoin model for others to emulate or perhaps become the dominant fiat backed token in the world.
The odds of success for the Swiss are much higher than their predecessors. The Swiss economy is not shrouded with instability. The Swiss economy lays claim to having the highest level of nominal wealth per adult, along with the eighth highest per capita gross domestic product globally. The Swiss Franc has gained 75% more purchasing power compared to the USD over the last 50 years. Switzerland is the world’s largest importer and exporter of gold. Although it is not in the headlines very much there is also a King of the Netherlands, Willem-Alexander. These attributes about Switzerland just exemplify the level of stability it maintains compared to the economies of the prior stablecoin issuers, Tether, The Petro, and the Crypto Ruble.
Tether has been surrounded by rumors of inaccurate accounting practices and market manipulation. The Swiss token proposal guarantees monthly, transparent audits for its investors. It’s not only the stability of the Swiss economy that makes this proposed token interesting, it’s the timing of it. Geneva is well known for its unique brand of tourism. Switzerland has a reputation of being the place where wealthy people go to visit their money. Right now, digital financial transactions are still slower than fiat currency transactions domestically and internationally. Why would a country that has such a dominant presence in international finance move to a vehicle that, for all intents and purposes, is substandard to what is already in place? The answer to that question may be related to Ripple’s (XRP) latest announcement.
Ripple (XRP) has announced that the launch of their xRapid payment platform will be very soon, possibly within the next 30 days. xRapid claims it will be faster, cheaper, and more accurate because of the blockchain technology behind it. xRapid can effectively knock SWIFT, the reigning international money transfer king, off of their throne. Some analysts feel that SWIFT has already raised the white flag and has adopted the can’t beat them join them posture, predicting an alliance may be forged. And now enter the world’s safe haven for money and money transfers, Switzerland. It appears as though a tidy arrangement may be in the making. The developments are still unfolding and XRP’s value is rising. These events deserve attention. The 21st Money Team will keep you informed.

Forex News & Analysis

The United States Dollar / Swiss Franc (USD/CHF) pairing helps us understand the historical relationship between two economic powerhouses. The US still reigns supreme as the world’s number one economy and Switzerland is the world’s Banking capital.
USD/CHF Chart Courtesy of Tradingview
The chart clearly demonstrates how the USD has lost value against the CHF over the last thirty years. But it shows the stability of both currencies against each other in recent years. That is somewhat reassuring as tokenized fiat currencies are emerging. The USD Token, Tether (USDT) is already in existence and the Swiss have announced plans to issue a tokenized version of the CHF as well. Will the USD be able to maintain its stability against the CHF in the crypto market? The USD has certainly maintained its value against the CHF within a few cents over the last few years. But the crypto market has a technological X-factor which could add volatility to a once stable relationship.
Global boundaries are disappearing. Brexit can actually become a reality that will change the economic landscape of the European Union (EU). Bear in mind, Switzerland is still part of the EU. As we enter the digital age of finance will these two currencies still reign supreme? The Swiss franc has a lot more monetary muscle than the USD. The US holds the population with the largest appetite for goods and services worldwide. We’ll see how these two economies fit inside the digitized financial jigsaw puzzle that is taking shape.
The United States Dollar /Bitcoin (USD/BTC) pairing saw the dollar lose value against the crypto giant. The dollar began the week exchanging at $6,491 /1 Bitcoin. The dollar ended the week exchanging at $6729 / 1 Bitcoin losing 3.67% against Bitcoin by the weeks end.
The USD index (.DXY) compares the USD to 6 globally dominant currencies. The USD lost ground when compared to its global counterparts towards the end of the week. The .DXY index recorded a value of 94.5 at the beginning of the week. The Index closed at 94.00 recording a 0.532% loss in value by the week’s end. The Mexican Peso held an advantage over the USD throughout the week. The Mexican Peso (MXN) began the week exchanging at 18.83823 / 1. The MXN closed the week at 18.8810 up 0.227%. While the Japanese Yen (JPY) maintained a slim advantage over the dollar at the close of the week as well. The JPY ended the week marginally stronger, pairing with the USD at 111.823 / 1 at the beginning of the week and closing the week recording an exchange rate of 112.748 a 0.827% increase in value.Crypto Futures News & Analysis
Bitcoin continues to remain above its charted lower line of resistance. The crypto trading community is eagerly anticipating what will be the catalyst for the next bull run. The ETF conversation will not be a factor until 2019 when the Securities and Exchange Commission will review new or pending ETF applications. What could possibly be on the horizon for Bitcoin? Why is it able to maintain this support level near $6,200?
Chart Courtesy of TradingView Prepared by: The 21st Money Team
One of the reasons could be that key investors and intuitive traders recognize that globalization is on the horizon. And it appears as though Bitcoin will be an integral part of the economic globalization process.
A recent statement from the Chinese Premier, Li Keqiang, reinforces this realization of our modern financial era. Premier Li says,
“We are now standing at a crossroads, a crossroads facing a choice between globalization or de-globalization. We are encouraged to see the trend of globalization continue to forge ahead at its own pace. ……Globalization has presented China, and all countries around the world, with tremendous development opportunities. In the age of globalization a new round of Industrial Revolution has come into being.”
The new industrial revolution, is the phrase that really sums it all up. Blockchain technology and all of its applications are still being explored. The full potential of the technology is still unknown. What is known? Bitcoin is at the center of this new industrial revolution, that’s a fact. Bitcoin is the cornerstone of digital currency. Whenever Bitcoin nears its lower threshold of resistance and bounces off that line, it is clear that investors and traders share the same mindset as Premier Li. Globalization is unstoppable.Crypto Stocks & Analysis
There is a unique relationship between blockchain technology and silicon valley stocks. Buy-in opportunities that become present in the cryptocurrency market are mirrored in silicon valley stocks. Silicon valley adds depth to computing power and speed to the processing of data available from the internet. Those two factors contribute greatly to the functionality of blockchain technology and its integration into the business models of the 21st century.
The silicon valley stock that has caught the attention of The 21st Money Team is NVIDIA Corporation (NVDA). It appears as though the growth of the blockchain and NVDA are interlaced. Timely purchases of NVDA stock can potentially lead to astronomical gains as this technological innovation factory helps the world go around with state of the art graphic cards and chipsets.
NVIDIA Corporation (NVDA) Chart courtesy of Yahoo Finance
Purchases of NVDA during the lows of the cryptocurrency market have given those insightful investors a lot to be happy about. In August of 2016 after the Bitfinex exchange hack NVDA was trading near $61 per share. Now NVDA is trading at $266 per share a 336% increase in value since August of 2016.

This week’s Biggest Winners in Cryptocurrencies

1) +114.96% Ripple (XRP) Started the week at $0.274 Ended the week at $0.589
2) +72.82% Global Currency Reserve (GCR) Started the week at $0.195 Ended the week at $0.337
3) +46.97% Power Ledger (POWR) Started the week at $0.132 Ended the week at $0.194
4) +41.56% Electroneum (ETN) Started the week at $0.00542040 Ended the week at $0.00767295
5) +41.45% Eternal Token (XET) Started the week at $0.152 Ended the week at $0.215
6) +38.03% Endor Protocol Token (EDR2) Started the week at $0.0468 Ended the week at $0.0646
7) +37.21% Tezos (XTZ) Started the week at $1.29 Ended the week at $1.77
8) +34.60% ChainLink (LINK) Started the week at $0.263 Ended the week at $0.354
9) +33.90% MonaCoin (MONA) Started the week at $0.941 Ended the week at $1.26
10) +32.61% Cindicator (CND) Started the week at $0.0184 Ended the week at $0.0244
11) +30.64% Ruff (RUFF) Started the week at $0.0173 Ended the week at $0.0226
12) +30.47% Cardano (ADA) Started the week at $0.0663 Ended the week at $0.0865
13) +25.43% Decentraland (MANA) Started the week at $0.0637 Ended the week at $0.0799
14) +25% FunFair (FUN) Started the week at $0.0140 Ended the week at $0.0175
15) +20.96% Dragonchain (DRGN) Started the week at $0.229 Ended the week at $0.277Crypto Chart of the Week
Ripple (XRP) Chart Courtesy of CoinvaluatorRipple (XRP) ranks 3rd on the list of cryptos ordered according to their market capitalization. XRP’s current market cap is $23,480,000,000. Ripple connects banks and payment providers via RippleNet to provide one frictionless experience for sending and receiving money globally. RippleNet runs on the most advanced blockchain technology. It is scalable, secure, and interoperates with different networks. Customers have optional access to source liquidity using the world’s fastest and most reliable digital asset for payments. $842,000.00 worth of XRP changed hands September 21 at an average price of $0.593.
Ripple has announced that their xRapid Payment Platform may be live within the next 30 days. Many analysts attribute the rapid rise in price to that announcement.Heard Through the Grapevine

Crypto News, Analysis, Forecasts, ICOs and Events

Crypto News & Analysis

It’s ironic how the Chinese government restricts its citizens from engaging with cryptocurrencies, and at the same time Chinese companies like Bitmain dominate the industry. The Chinese government has blocked access to 124 foreign cryptocurrency exchanges that offer their services to Chinese citizens. VPNs have helped Chinese traders of Cryptos get around the government imposed restrictions.
The Cryptocurrency Exchanges have also found ways to circumvent the ban by relaunching themselves with new domain names that are registered in other countries outside of China. The government has begun to intensify their scrutiny of foreign websites that have home pages in the Chinese language. They have also censured cryptocurrency media outlets, claiming that they were manipulating the crypto markets. The popular WeChat App has blocked all crypto and blockchain media accounts in order to comply with the government’s directives.Cryptos have come to another professional sport franchise. A baseball team is now a participant in the crypto world. The Los Angeles Dodgers now have the distinction of being the first sports team to be involved in a crypto giveaway. They are offering their fans a free download of a digital bobblehead. The first 40,000 fans that walk through the turnstiles of Dodger Stadium on the 21st of September will receive the gift. The Dodgers will face the San Diego Padres that day.
The fans will have 3 bobblehead collectable characters to choose from, pitchers Kenley Hanson, and Clayton Kershaw, or third baseman Justin Turner. Dodgers Executive Vice President and Chief Marketing Officer, Lon Rosen expressed his elation about the giveaway this way,
“We’re excited for our first-ever Crypto giveaway, and (the opportunity) to explore an entirely new marketplace with our fanbase. We hope this piques the interest of Dodger fans, and will help launch a new age of collectables and promotions.”
Every fan that participates in the giveaway will receive a card with a private code and a set of instructions. They will be led to a webpage where a digital bobblehead token, randomly chosen, can be unlocked and put in the participant’s Ether wallet.Forex News & Analysis
Chart provided by Investing.com & Prepared by Tom Whitbread
The United States Dollar /Bitcoin (USD/BTC) pairing expressed marginal movement throughout the week. The USD appears to have lost some ground. The dollar began the week exchanging $6,209 /1 Bitcoin. The dollar ended the week exchanging $6,517 / 1 Bitcoin losing 4.96% against Bitcoin by the weeks end.
The USD index (.DXY) compares the USD to 6 globally dominant currencies. The USD lost ground when compared to its global counterparts towards the end of the week. The .DXY index recorded a value of 94.5 down 0.05% from the previous trading day. The EUR ended the week marginally stronger against the USD, exchanging at 1.169 / 1, up $0.0004. While the Great British Pound(GBP) maintained a slim advantage over the dollar at the close of the week. The GBP ended the week marginally stronger, pairing with the USD at $1.3115 / 1 gaining $0.0010 translating into a 0.08% gain against the USD from the previous trading day.
Many analysts attribute the dollar’s loss of momentum to the Consumer Price Index value that was announced at the end of the week. The result was weaker than expected. The currency markets reacted accordingly. The USD’s weakness is reflected in the small gains in value of the EUR and GBP against it.Crypto Futures News & Analysis
Chart Courtesy of Tradingview Prepared by The 21st Money Team
The line has been drawn and the the lower resistance level of Bitcoin has been tested again. Traders and investors have been able to log the levels of Bitcoin trades that have given credence to the lower resistance level of support. Not only that, fibonacci averages applied to Bitcoin’s trading levels have shown consistency as well.
We all wish we had the crystal ball that could tell us where the Bitcoin market will be everyday, but there is no such thing. What is available for investors and traders are the laws of averages. And the hope of the most likely outcomes. This is the fifth instance of Bitcoin bouncing along its low resistance level this year. When Bitcoin rebounds off the low it may not be as high as some dream, but it is substantial. A $1,700 swing in any market oozes with trading opportunities for buying and selling. If the laws of averages hold true for Bitcoin, the graph above illustrates a pattern that could be useful for both long term and short term investors. Although Bitcoins rebounds from its low level of resistance have decreased in size, they fall in line with the fibonacci averages.
Over the last few weeks rumors of an ETF application being approved by the Securities and Exchange Commission ignited a short lived bull run. Now technology and world events are so intertwined its difficult to imagine what will increase or decrease the value of Bitcoin. Investors and traders may be inclined to use the law of averages to navigate the stormy seas of Bitcoin price fluctuations.Crypto Stocks & Analysis
New Age Technology has brought a new member to our New Age Society. Artificial intelligence (AI) combined with blockchain technology have reshaped the security industry. Blockchain technology has taken the functions of a mall cop from this …..
to state of the art crime stopping machines. Ladies and gentlemen allow us to introduce you to KnightScope.Photos Courtesy of KnightScope
Knight Scope is a company that manufactures robots designed to provide security. They offer 4 models, the K1, the K3, the K5, and the K7. These robots are not a joke. they are bonafide state of the art security devices. These robots have already assisted in the prevention of crime and the apprehension of criminals. They are the first of their kind, and now available to be purchased and utilized by the general public. An actual product that is enhanced by artificial intelligence and the blockchain, to fight crime.
The qualifications of KnightScope’s security devices are quite impressive. The Robots have already logged in more than 400,000 hours of active operation. They have patrolled more than 194,000 miles. They are being used in 15 American states, at 42 different locations, across 4 different time zones. There are currently 51 machines in the network, serving 39 clients. The KnightScope robots have assisted law enforcement in issuing an arrest warrant for a sexual predator. They have assisted a security guard in catching a thief at a retail establishment. They have prevented a fraudulent insurance claim. They have aided in the apprehension of an armed robbery suspect. They have helped to eliminate vehicle break-ins.
They have assisted in the apprehension of a corporate vandal. And they have helped to eliminate trespassers with the aid of a force multiplier effect.Photos Courtesy of KnightScope
If you’re impressed with that list of accomplishments. Here’s one more piece of information that some may find interesting. KnightScope is raising capital to expand their operations. KnightScope is offering a Series S Preferred Stock through a private placement for qualified investors.
This article is not a solicitation and The 21stMoney Team is not a financial advisory service. The 21st money Team is just sharing information for those that may have an interest in this subject.
The Offering Terms

DIVIDENDS: Noncumulative dividends before any dividend on any existing shares of the Company’s Preferred Stock or Common Stock at 6% of the Series S original purchase price, if and when declared by the Board of Directors.

SECURITY: Series S Preferred Stock (“Series S”).

VALUATION: Approximately $300,000,000 pre-money.

AGGREGATE PROCEEDS: Up to $50,000,000.

PRICE PER SHARE: $8.00 per share.

ANTICIPATED CLOSING DATE: Initial closing on or before November 15, 2018, with one or more
additional closings at the discretion of the Board of Directors.

If you want a Security robot of your very own the price is based on an hourly rate of less than $9 an hour or $6,500 per month over a 3-5 year term contract.
The fact that an innovation of this type is actually a reality takes me to the storyboard of a classic movie thriller,’Terminator.’ Is this how it all begins?This week’s Biggest Winners in Cryptocurrencies
1) +70.70% OneRoot Network (RNT) Started the week at $0.0662 Ended the week at $0.113
2) +64.42% Wagerr (WGR) Started the week at $0.104 Ended the week at $0.171
3) +60.61% FuzeX (FXT) Started the week at $0.0198 Ended the week at $0.0318
4) +40.78% Odyssey (OCN) Started the week at $0.00319889 Ended the week at $0.00450324
5) +39.32% BitcoinDark (BTCD) Started the week at $43.52 Ended the week at $60.63
6) +35.22% Cindicator (CND) Started the week at $0. 0159 Ended the week at $0.0215
7) +32.91% Genesis Vision (GVT) Started the week at $6.29 Ended the week at $8.36
8) +30% Prizm (PZM) Started the week at $0.40 Ended the week at $0.52
9) +28.41% Metal (MTL) Started the week at $0.697 Ended the week at $0.895
10) +29.75% Tezos (XTZ) Started the week at $1.21 Ended the week at $1.57
11) +29.63% Credits (CS) Started the week at $0.162 Ended the week at $0.210
12) +28.06% APIS (APIS) Started the week at $0.00372169 Ended the week at $0.00476591
13) +25.81% Storiqa Token (STQ) Started the week at $0.00215307 Ended the week at $0.00270870
14) +22.40% Dragonchain (DRGN) Started the week at $0.183 Ended the week at $0.224
15) +22.34% Waves (WAVES) Started the week at $1.88 Ended the week at $2.30

Crypto Chart of the Week
OneRoot Network RNT Chart Courtesy of CoinlibOneRoot Network (RNT) ranks 141st on the list of cryptos ordered according to their market capitalization. RNT’s current market cap is $29,370,000. The ONEROOT Project brings together the tangible and intangible resources inside and outside the industry. In the process of optimizing and integrating resources, ONEROOT extends the idea of a shared economy and separates the right to use and the ownership of resources, and proposes the concept of a distributed business engine. With the help of blockchain technology, the co-builders can digitize the right to use resources, including software, hardware, manpower, etc., and establish transparent value exchange and cooperation rules, which greatly improve the resource utilization efficiency. In addition, participants have established a new cooperative relationship based on equal cooperation and common development, which has significant advantages compared with the traditional business model dominated by centralized entities. $83,000.00 worth of RNT changed hands September 14 at $0.1118.

Upcoming ICOs

Astoria (APC) Sale Starts September 14 Sale Ends October 14 / Make, Deploy and Publish Your Own ICOBeercoin (BCBC) Sale Starts September 14 Sale Ends October 31 / The Bavarian start-up that created the first and only beer-based cryptocurrency based on EthereumBiotor Biomass (BBT) Sale Starts September 14 Sale Ends November 30 / Producing Wood PelletsCrypt ON (IPT) Sale Starts September 14 Sale Ends December 21 / A complex peer-to-peer (P2P) crypto platform, designed to evolve into full-cycle crypto DAO-systemMatchDiary (MDR) Sale Starts September 14 Sale Ends November 30 / An innovation app for football fans based on blockchain all for free. MatchDiary will provide fans with even greater experiences by offering them a complete platform with currently dispersed toolsOjooo (OJX) Sale Starts September 14 Sale Ends October 25 /
Decentralized solution blockchain for Advertisers and Investors.Parkade (PRKC) Sale Starts September 14 Sale Ends November 1 / creating a full-scale parking system that can be used in any city to make parking more affordable and convenientAIO.Community (AIOT) Sale Starts September 15 Sale Ends October 31 / A decentralized platform for the safe ICO, where the community chooses a project through the open voting and determines the level of funding and controls it at all stagesAnti Derivative (ADVT) Sale Starts September 15 Sale Ends October 15 / A Fusion Between Crypto and Modern FinanceARROUND (ARR) Sale Starts September 15 Sale Ends November 15 / Breakthrough communication platform in ARBixtrim (BXY) Sale Starts September 15 Sale Ends December 25 / A Multi-Functional Crypto-Exchange PlatformCannAvenue (CANA) Sale Starts September 15 Sale Ends October 31 / A software as a service (SaaS) company that uses a patent-pending custom artificial intelligence (AI) solution which provides a one-stop-shop, blockchain-based ecosystem for the global cannabis industryCHEK (CHEK) Sale Starts September 15 Sale Ends December 1 / Enabling retailers and private sellers to sell goods for charitable servicesEIPlatform (EMI) Sale Starts September 15 Sale Ends September 30 / Developing a platform to enable direct interaction between brands and people in the Esports sectoreSports (ESE) Sale Starts September 15 Sale Ends October 31 / Aiming to be the standard cryptocurrency for the multi-billion dollar eSports industryExtradecoin (ETE) Sale Starts September 15 Sale Ends October 15 / Trade and Play PlatformEZYcount (EZY) Sale Starts September 15 Sale Ends October 15 / A Swiss project with the aim to fully automate accounting on the blockchain backed by banks, fiduciaries and hundreds of customersHeyBeWell (HEY) Sale Starts September 15 Sale Ends September 30 / Your personal well-being dashboardHumancoin (HUMA) Sale Starts September 15 Sale Ends November 1 / The new massive cryptocurrency fuelled by the Proof of Charity mining protocolInBet (IBO) Sale Starts September 15 Sale Ends November 30 / An honest betting service, where the bookmaker will be an intermediary between players, and not the casinoINLOCK (ILK) Sale Starts September 15 Sale Ends October 12 / A lending platform that enables cryptocurrency holders to manage short-term liquidity problems by taking a loan, using their existing cryptocurrencies as collateralIntellos (ITX) Sale Starts September 15 Sale Ends October 15 / Closing the global wealth gap by creating a protocol based crypto investment bankIOV (IOV) Sale Starts September 15 Sale Ends September 30 / Solving the problem of complexity, human error and lack of interoperability when exchanging digital assets on the blockchainJCN (JCNXXX) Sale Starts September 15 Sale Ends November 15 / A multi-purpose 18+ utility token (JCNXXX) for ecosystems of digital online adult entertainment services and continues where others cryptocurrencies and altcoins stopLambda (LAMB) Sale Starts September 15 Sale Ends September 30 / A high-speed, secure and scalable blockchain infrastructure projectModex (MDX) Sale Starts September 15 Sale Ends September 25 / Building a Smart Contract Marketplace and a Blockchain Developer Tools PlatformNEL (NEL) Sale Starts September 15 Sale Ends November 24 / A community-based ecosystem of investors supporting microfinance institutions through blockchain technologyOne+1 (CHK) Sale Starts September 15 Sale Ends December 1 / A token that allows you to turn crypto money into real purchases and discounts and allows you to create a new charity systemPlaza Systems (PLAZA) Sale Starts September 15 Sale Ends October 27 / Plaza Systems occupies the intersection of lifestyle and technologyRenaissance Engineering (RE) Sale Starts September 15 Sale Ends November 15 / Aimed towards building modern construction solutions and receiving profits from the projectsResidual Token (RSDLL) Sale Starts September 15 Sale Ends November 15 / An ecosystem for bona fide LENDERS which allows people or companies to borrow money using their Digital Assets as collateralRetail.Global (RGT) Sale Starts September 15 Sale Ends October 15 / Uniting all local and international ecommerce experts, companies and services to boost global sales for retailers and manufacturers by own brand online storeReward Vision (RWD) Sale Starts September 15 Sale Ends October 31 / A blockchain-based incentive system that enables company-wide collaboration through peer-to-peer rewardsSID Token (SIDT) Sale Starts September 15 Sale Ends December 31 / Share Internet DataSmartPesa Credible (PESA) Sale Starts September 15 Sale Ends October 15 / Building a blockchain for business credit dataSpokkz (SPKZ) Sale Starts September 15 Sale Ends October 15 / Using Blockchain Technology to disrupt the $2 Trillion USD traditional Media Industry by creating a decentralized ecosystem and marketplace where film lovers will join advertisers, stars, content creators and merchants as stakeholdersTerawatt (LED) Sale Starts September 15 Sale Ends October 28 / A patent-pending, renewable energy blockchain startup, with a strong focus on monetization and driving global L.E.D. adoptionThrill (THX) Sale Starts September 15 Sale Ends October 15 / A blockchain based platform providing travelers, communities, hotels, restaurants, and online content providers, a simple, yet effective solution for their businessTradeOne (BITT) Sale Starts September 15 Sale Ends November 15 / A blockchain project that offers a simplified ecosystem and handy interface for traders and investorsApollo18 (A18) Sale Starts September 16 Sale Ends October 1 / An ERC20 token that distributes ethereum based on profits from cumulative hash power (mining)DINNGO (DGO) Sale Starts September 16 Sale Ends October 15 / The first exchange to enable simple two step verification with a mobile device and cold walletGamico (GMC) Sale Starts September 16 Sale Ends October 15 / Gamers can earn a living by playing video gamesHEROIC.com (HRO) Sale Starts September 16 Sale Ends October 15 / Taking a new approach to AI-Powered threat protectionLeoPays (LPC) Sale Starts September 16 Sale Ends November 11/ Creating a social business network to simplify the work of Internet entrepreneurs, bloggers and regular users who want to make money on what they have been previously doing for free: socializing with friends in social networks, leaving likes, posting, re-posting, writing blogs and other activitiesZichain (ZCN) Sale Starts September 16 Sale Ends October 31 / Decentralized Asset ManagementAkash Network (AKSH) Sale Starts September 17 Sale Ends October 16 / Decentralized protocol for provisioning, scaling and securing cloud workloadsBuilderium (BUILD) Sale Starts September 17 Sale Ends December 17 / Offering individuals and businesses the opportunity to connect with professionals in the construction industry to complete related projectsCGS (CGS) Sale Starts September 17 Sale Ends October 15 / An on-chain governance mechanism to protect ICO investors from scams and bad executionMenlo One (ONE) Sale Starts September 17 Sale Ends October 15 / A crypto-tech company that has built an open-source framework for making decentralized applications easier and faster to use in the Web 3.0 eraMetadium (META) Sale Starts September 17 Sale Ends September 22 / A next-generation blockchain protocol designed to create a decentralized identity ecosystem with the real world introduction of Self-Sovereign Identity; the concept that individuals are owners of all aspects of their own identity in the offline and online worldMusicLife (MITC) Sale Starts September 17 Sale Ends Sale Ends October 30 / The world’s first music exchangeThe Rentals Token (TRT) Sale Starts September 17 Sale Ends November 30 / A decentralized vacation rentals marketplaceTrustedCars Flex (FLEX) Sale Starts September 17 Sale Ends October 31 / Changing Car Ownership foreverYouToken (YTN) Sale Starts September 17 Sale Ends November 19 / First Blockchain-based Crowdfunding platformVegaWallet (VGW) Sale Starts September 17 Sale Ends November 16 / Allowing you to pay with crypto ANYWHERE (even at places that do not yet accept crypto) by instantly converting your cryptocurrency to fiat money on our exchange and using NFC technology or One Time Card numbers to process payments in person or onlineAiur (AIUR) Sale Starts September 18 Sale Ends October 16 / Wanting everyone who contributes to the world of science to be rewarded, and wanting the results of research to be available to anyone with important problems to solveCentareum (CTM) Sale Starts September 18 Sale Ends October 18 / Creating an end-to-end proximity based mobile marketing platform enabled by blockchain and AIDigits (DSI) Sale Starts September 18 Sale Ends October 18 / Digits turns any debit or credit card into a crypto cardeMusic (EMU) Sale Starts September 18 Sale Ends October 30 / The first major music service to embrace blockchain in order to build a decentralized music distribution and royalty management system that will ensure artists and service providers get a fair share of revenueEnkronos (ENK) Sale Starts September 18 Sale Ends November 20 /
Enkronos App is a Blockchain-based accountability system that ensures ethical behavior.EyeGlob.Net (EYE) Sale Starts September 18 Sale Ends October 23 / Providing a mixture of social and professional networks dedicated to eye healthIOU (IOUX) Sale Starts September 18 Sale Ends December 18 / Reinventing existing loyalty systems in order to provide more flexibility, control, and many more benefits for Merchants in order to guarantee the highest possible level of consumer satisfaction for the incurred marketing expendituresLendsBay (LBU) Sale Starts September 18 Sale Ends October 29 / A system for trusted financial transactions between people based on transparency and blockchain technology.ONe Network (OneBit) Sale Starts September 18 Sale Ends October 31 / A next generation social network that uses the latest technologies to provide a wide range of services that are digitally secure and private for usersRe:Factor (REFT) Sale Starts September 18 Sale Ends December 18 / A transnational corporation and a global ecosystem under creation, the uniqueness of which lies in the competencies of team members who are internationally recognized professionals in the factoring industryVibeo (VBEO) Sale Starts September 18 Sale Ends October 2 / A new era of Instant Messaging/Social appBOOSTO (BST) Sale Starts September 18 Sale Ends November 19 / Providing a protocol for creating a decentralized application that will act like an entire ecosystem and allow developers and companies to easily build DApps that directly interact with individual influencers, influencer networks, social media platforms, and brands with consumers, services, companies and much moreColor (COL) Sale Starts September 19 Sale Ends October 22 / The next generation platform for high-performance sophisticated Decentralized ApplicationsKoala (KOA) Sale Starts September 19 Sale Ends December 17 / A New Standard For Adult Industry Payments Over The Next 10 YearsRavn’s Korrax (KRX) Sale Starts September 19 Sale Ends October 17 / The world’s first and only private, encrypted, anonymous, and invisible instant messaging appTopex (TPX) Sale Starts September 19 Sale Ends October 17 / Brand new cryptocurrency exchange with daily profit distribution between TPX token holders along with compensation of losses during tradingBlock66 (B66) Sale Starts September 20 Sale Ends October 20 / Building a new blockchain-enabled marketplace for mortgagesBlocVehicle (VLC) Sale Starts September 20 Sale Ends October 31 / Bringing a great change to the economic ecosystem of the automotive service industryCCET Project (CCET) Sale Starts September 20 Sale Ends October 20 / Carbon emissions tokenHARA (HART) Sale Starts September 20 Sale Ends October 4 / Empowering Billions Through DataImigize (IMGZ) Sale Starts September 20 Sale Ends October 20 / Drastically decreasing returns of non-fitting goods to online shops, giving freedom and confidence to buyers of clothes and shoes by size to online shoppersTriggmine (TRG) Sale Starts September 20 Sale Ends October 20 / A decentralized platform for marketing automationVanywhere (VANY) Sale Starts September 20 Sale Ends October 10 / A live skill-sharing platform that instantly connects people seeking and offering skills, so they can get personalized results tailored just to themCoconuts (COCO) Sale Starts September 21, 2018 Sale Ends February 25, 2019 / An ICO project that contributes to world energy resources to produce biomass fuels and clean energy from coconutsCromacoin (CRC) Sale Starts September 21 Sale Ends November 13 / Pay for Everyday Needs With Your Favorite CryptocurrenciesEnergy Premier (EPC) Sale Starts September 21 Sale Ends October 31 / Energy retail & bidding

What is the first thing that comes to your mind when you hear about blockchain technology? Is it cryptocurrency like bitcoin? Or Mining operations that require a huge cryptographic processing power for the proof of work? Or, may be, open source crypto exchange? Well, if you are aware of these assets, you should know how this technology has powered the industrial sectors and has brought innovation at the peak level. Moreover, when it comes to speedy transactions and building trust among the businesses, this technology has certainly done well in achieving this feat.

Blockchain is considered to be the next level of the distributed network system and has proved to be efficient and flexible when it comes to facilitating transactions without centralised administration or control. This technology has powered cryptocurrencies like bitcoin and Ethereum but apart from the financial sector, it can also work be well for any sector that involves peer-to-peer transactions.

This technology has taken over the task of the middleman and the central authorities by ensuring that the transactions can be audited by any of the parties that are involved in this task and has enabled a trusting mechanism between the clients by protecting them from fraudulent transactions. Although the technology is not safe entirely when it comes to coping with external threats related to security but the entire system is quite safe intrinsically.Furthermore, here are the five industries which are using blockchain to empower themselves. Also check out this post to learn more about the diverse benefits of blockchain technology.

Real Estate

Real estate is one of the most complex industries that involve a lot of participants such as agents, buyers, brokers, and sellers. Moreover, real estate transactions are quite slow and risky which is why people tend to take careful measures while investing in them.

By involving blockchain processes in the real estate processes, you can reduce the potential risks involved with them and increase the trust among clients in a lot of ways. This is because most of the people rely on known companies when it comes to purchasing homes and to verify the transactions due to which the small companies who want to establish themselves stand a poor chance in making an impact on the people. Technology can be used to carry on transactions with the help of crypto-currencies rather than the flat currencies which would help in demonstrating the option to purchase homes with the help of digital assets instead of the traditional ones.

Information Services

It is evident that with the technology becoming accessible, people can now browse through their favorite websites and extract the information which is desired. Moreover, mobile phones have made the Internet even more approachable. Because of this outrageous demand, the ranking of the websites now depends on the page-load speed which has certainly increased the competition among e-commerce businesses as well. It is estimated that blockchain technology can solve some of the major problems such as the progress of the digital content, latency, and low availability of the Internet and make the Internet experience better when it comes to browsing the websites. Enterprises are now creating a decentralized content delivery network to improve the data consumption across the world.

Banking

Some of the biggest names in the banking sector such as Goldman Sachs, Barclays are slowing changing their perspective towards the cryptocurrencies and blockchain technology and looking out for their potential benefits. In the European countries, the banking industry has taken a plunge towards the decentralized banking system. Several banks, insurance accounts, and exchanges can be reached through a single interface which is somewhat secure. Not only this, several blockchain-based platforms are now coming up with services such as e-wallets for transfer of payments – both locally and internationally which has made it easier for the people to get the desired amount in an hour of need. This has also benefited the micro-finance industries which provide the small-scale workers with the support money.

Legal Advisory

Most of the businesses in different industrial sectors now rely on digitally secure contracts so that the deals can be facilitated in real-time. Due to such technological measures, most of the law firms are now shifting towards developing online advisories for the clients and introduce them to the best ways that would help in structuring the transactions in an effective manner. Take for example, the Enterprise Ethereum Alliance which is trying to get the law firms to use the blockchain technology and has successfully added around 14 firms as the core members who are continuously working towards spreading the uses of this technology.

Online Advertising

Online advertising is rising to its peak with a large number of users going with the ad-blocking and DNDs etc. The scenario of the advertising industry is such that the advertisers are now focusing on innovative measures to garner user attention in abundance and reach out to people through various mediums. Blockchain technology has helped a lot in bringing this change in the companies be it the small-scale or established ones. Take the case of Brave browser with uses Basic Attention Token (BAT) – created by Brendan Erich who invented JavaScript. The purpose of BAT is that it allows the users to exchange ad with various companies irrespective of the Google and Facebook ad functionalities. The users who utilize this service are rewarded with BAT’s. As this entire system is consensual it can revolutionize the entire online advertising trends in the coming years.

In Conclusion

The blockchain technology isn’t only used to create bitcoin escrow service. It has proved its worth when it comes to security, efficiency, and extensibility of transactions and has left an impression of trust on the businesses which are now aiming to find the best uses of it. With this, start-ups and enterprises can realize their potential and aid the government agencies in their Fast-Track processes by ensuring maximum security. Overall, this new age technology can bring some of the major changes in which the businesses are done and is all set to play a pivotal role in their growth.

About the Author

Alex Fleming

I am a full-stack developer with 7 years of experience. I see the future in blockchain technology and I like it. The last two years I have been working in this industry. In my opinion, blockchain will transform the world in the future not only in the financial sector.

How To Avoid Airdrop Scams

With the increasing popularity or crypto airdrops and the amount of potential money (tokens) to be collected, it’s no surprise that there are many scams out there. Below are some basic rules of thumb you should follow to ensure that you secure your funds and avoid any types of spam airdrop.Unfortunately, there is a chance that the airdrops you sign up for won’t send you tokens and at the end of the day, you wasted five minutes of your time. However, what is worse is that you shared your personal information with one of these scam airdrops when you were signing up.
You may have already signed up for some and have an understanding of the information these airdrop applications generally want. You’ve probably already had a chance to see and learn how to spot a scam, but here are a few reminders for you.

Safety first with Airdrops

After signing up and reviewing many airdrops, we have gotten good at spotting scams and fakes. Some things we see scam airdrops often doing; Using the same WordPress layout as others, missing whitepapers, and fake accounts for team
members.
Just to be clear, in no way are scams the majority of airdrops. In fact, they are a small percentage of airdrops. There are plenty of remarkable airdrops out there that do an excellent job of delivering. The Steller airdrop was just that, steller. They sent 1,000 tokens to all who joined their airdrop. Later those tokens were valued at over 800 USD!
We can go all day listing off some of the best airdrops from the past, but let’s focus on how to make sound decisions when it comes to joining an airdrop you think will be the next big thing.

Never send/donate ETH or pay for an airdrop

These are the most common tactics. You will see fake Twitter pages sharing; “Donate .1-1 ETH to get free ‘xyz’ token”. These are scams so don’t let them fool you!

Do not share your private key

This is rule number one for anything crypto related. Your private key is YOURS, never share with anyone. Keep your private key safe and don’t get tricked into sharing it.

Create an airdrop dedicated email

Just about every airdrop asks for you to verify your email when signing up. Create a new email just for airdrops. It’s a smart way to monitor project updates and keep your private email secure. You can then have all your emails from that domain forwarded to your private email. Most main email providers offer this option to forward from another account.

Use different passwords

Do not use the same password on different site. Some airdrops require that you create an account on their platform and sign up with a username and password. Create a unique password for each and manage all of your passwords with a password manager. It’s a good idea to set up a tracker in a spreadsheet to keep tabs on the airdrops you’ve signed up for and the account information you used. When you’re signing up for 20+ airdrops, this will help you keep organized.

Be careful with KYC airdrops

KYC (Know Your Customer) is used for many ICO’s because they require that you share your information to participate in token sales. If you do not plan on purchasing tokens during a projects ICO, then don’t fill out any KYC for an airdrop. This will ensure you secure your private data.

Set up a new Ethereum Wallet for airdrops

Dedicating one ETH wallet to your airdrops will help you keep organized and keep your personal wallet safe. You can use MetaMask to create a new wallet and manage multiple at the same time. There isn’t much danger in sharing your public address, but having a separate address just for airdrops is a safe way to keep your personal wallet value hidden.

Always use reliable sources when doing your research

Make sure you are following links from the airdrops official pages and channels. On Twitter, you will see many “look-alike” profiles that claim to be there airdrops official page. They will use similar usernames and profile pictures. Double check every time before you click a link or share any information.
If you see what you think may be a scam account on Twitter, report it to the official airdrop channel.

Where to find airdrops?

You can find many airdrops listings on Twitter, Telegram, and many other sites. However, many of these channels are unorganized and not always reliable to use. Check out Airdrop-Review for some of the best hand-picked and reviewed airdrops. We do our best to weed out scam and list all the best airdrops we find to be exciting or having high potential.

Conclusion

As you research and look for Airdrops to sign up for, you may find a few airdrops that are worthless or scams, but you will discover many that have high potential and will be worth your time. Even though some airdrops may only be 2 – 5 USD in estimated value, there is always a chance that those same tokens can increase their value as the Crypto market get’s better.

Different Types of Blockchains Present in the Market

It all started with the introduction of a white paper called “a peer-to-peer electronic cash system” in 2008 by someone named Satoshi Nakamoto. When bitcoin came into the world, it required a structure to run on that resulted in the creation of Blockchain technology.
The blockchain is basically an underlying structure on which a digital currency runs. It basically allows everyone on the ledger to reach a consensus while eliminating the need to trust anyone.
As the hype around bitcoin rose, companies and governments started evaluating the cryptocurrency and its underlying technology that made blockchain so much popular that many believed it to be the real deal in the crypto world.
This technology comprises of a list of records that are known as blocks which keep on growing on a constant basis. These blocks are linked with each other and further secured through cryptography. Usually, each of these blocks contains a cryptographic hash function of the previous block along with the transaction data and a timestamp.

Types of Blockchain

Over the last few years, blockchain has evolved a lot and the idea is that the blockchain can be used for any kind of transaction or agreement.
Typically, it can be now divided into three major types viz: Public Blockchain, Private Blockchain, and Federated Blockchain.Public/Permissionless Blockchain
As the name suggests, this kind of blockchain is open to the public. Anyone can participate here as a node. The most common and popular examples are Bitcoin, Ethereum, and Litecoin. Anyone can start mining these crypto coins, make a transaction on its blockchain or review it.
Being transparent and open to everyone, these blockchains can be reviewed by anyone at any given time.
No one is the in charge here. Then you must be thinking how exactly a decision is made? Right! The decision is made through various decentralized consensus mechanisms like Proof of Stake (POS) and Proof of Work (POW).
This permissionless blockchain has the potential to disrupt the currently existing business models by eliminating the need for an intermediary. Moreover, these blockchains don’t require any infrastructure costs either as there is no need to maintain a system or servers.

Private/Permissioned Blockchain

As the name implies these are private blockchains meaning they are owned by an organization or an individual. Banks among other private institutions utilize the key idea of blockchain that is the distributed ledger technology to create their very own private blockchain.
Unlike its public counterpart, private blockchain has an in charge that manages everything related to this blockchain. The consensus here is achieved by the individual or organization that is controlling the network.
Using the term blockchain here is not quite the right thing to do as it is for the most part centralized which clearly defy the idea with which the blockchain was created. However, from the point of view of the company, it is certainly cost effective and more secured.
Though this kind of blockchain is extremely beneficial in solving the fraud, security and efficiency issues that the financial institutions have to face, it doesn’t have the potential to transform the financial system that the public blockchain certainly has.

Federated/ Consortium Blockchain

These blockchains are basically under the control of a group that uses the private blockchains. Here, sole autonomy is removed by including particular people or organizations into it.
When it comes to controlling the blockchain, you would find a number of in charges instead of simply one or no one. Here, a particular group of representatives or organizations come together that makes all the decisions for the benefit of the network as a whole.
For instance, EWR and R3 utilize federated blockchain where only the members of this consortium can mine, make transactions or review the blockchain. These are mostly used in the banking sector.
This blockchain helps in reducing the data redundancies and transaction costs while being faster and offering higher scalability.
The use of blockchains is growing at a rapid pace that doesn’t show any sign of slowing down in the near future. From finance, automobile to energy, the blockchain is transforming every sector.
If you have any queries or want to share your thoughts on blockchain, its uses and how it is changing the economic scenario, feel free to comment below!

About the Author

Ankit Saxena: A computer science engineer, I have been adamantly following the blockchain and cryptocurrency industry for the past few years. A crypto enthusiast and hardcore blockchain follower. My expertise extends to content marketing and advertising through which I was able to help few notable startups. For more follow me on my site Coingape

Top TedX talks on blockchain you can’t miss!

Cryptocurrency and blockchain have been around for some time now but how these two technologies work is still mystery for many. The team at https://coingape.com/ has filtered the top 5 TedX talks on blockchain and cryptocurrency that will help you understand these technologies in a better way. What better than to hear from experts themselves to understand these complex topics?
Cryptocurrencies are certainly the pulsing point but blockchain is a “foundation technology” that everyone from governments, banks, financial institutions to big brands is interested in learning about and exploring its potential.
Amidst the chaos and crave of cryptocurrencies, let’s talk blockchain today. Shall we!
Cryptocurrencies are certainly the pulsing point but blockchain is a “foundation technology” that everyone from governments, banks, financial institutions to big brands is interested in learning about and exploring its potential.
So, we are going to talk about the top 5 blockchain Ted talks that will not only help you understand this concept but will give you the deep insights of blockchain directly from the minds of the experts.

“How the Blockchain will radically transform the economy” by Bettina Warburg

The first ted talk on our list is by Bettina Warburg who is a blockchain researcher that talks about how blockchain can change everything. Pretty wide and dramatic but interesting and true. Warburg gives a clear explanation of this confused technology by describing in detail how blockchain will eliminate the traditional institutions like banks that are basically centralized. Just what we needed, right!
She focuses on the interesting concepts of this technology including transparency, autonomy and its distributed facet.

“How the Blockchain is changing money and business” by Don Tapscott

A digital strategist by profession, Don Tapscott in his ted talk gives you the extended version of what exactly blockchain is. A detailed clarification on the blockchain technological facts and how it really works. That is the tough part. We might have an idea or understand this technology but its working is a different game altogether and this is where this Tedx gives you that knowledge.
And, let’s be honest, we are all in when it comes to money! Describing blockchain as the second generation of internet, he covers its potential to transform the money, government and even society.

“The future of Money” by Neha Narula

Oh! The charm of money. Mixed with Blockchain. Neha Narula in her “The future of Money” ted talk gives you the answer to the “question” what happens we change the way we buy and sell or pay or as a matter of fact removes the banks from that chain. Interesting isn’t it!
The basis of bitcoin and ethereum is a decentralized payment structure, eliminating the middlemen like banks. We are surely not there, yet! But Narula gives us a picture that defines this future in clarity.

In this Ted talk, Rachel Botsman will be talking to you about changing the concept of trust. Given that Botsman is an expert on trust and collaboration enabled by digital technologies, she sure talks a detailed and factual scenario.
She explains how people put their trust in technologies like blockchain and platforms like Airbnb which are more often than not are total strangers. This shift from traditional financial institutions brings forth an inclusive, transparent and accountable economy.

Here, the speaker Paul Kemp-Robertson takes us through a currency that has the same marketing support but which is on behalf of a private brand. The mix of marketing with currency is an interesting tangent that tells us how banks and governments make them trustworthy to us.
He surely packed a punch by getting us to meet the future of currencies that are non-bank with some great examples as well.
Blockchain technology is an interesting concept that is revolutionary not only in terms of finances but overall to the society.
So, if you want to know more or go in-depth, check out these Tedx on the blockchain.

About the Author

Ankit Saxena: A computer science engineer, I have been adamantly following the blockchain and cryptocurrency industry for the past few years. A crypto enthusiast and hardcore blockchain follower. My expertise extends to content marketing and advertising through which I was able to help few notable startups. For more follow me on my site Coingape

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